Alchemy Pay, the world-leading fiat-crypto payment solution provider, has announced a major update to its crypto payment business, optimizing the user journey to provide a seamless and efficient experience.
This solution is designed for merchants worldwide to accept cryptocurrency payments, helping to attract new customers while avoiding high fees and chargebacks. The latest update enhances the user experience even further, making it easier and more efficient for businesses and customers alike.
Optimized User Journey with More Payment Choices
Wider Payment Options: One of the updates allows users to use the crypto funds in their brokerage or exchange accounts to purchase real-world goods and services. Alchemy Pay can link users' exchange accounts with authorization, convert crypto to fiat, and complete the purchase. Additionally, Alchemy Pay retains the original payment option, allowing users to transact the amount of crypto to the designated address to complete the order.
Intuitive & Smooth Access: Individual users can now enjoy a more direct purchasing process. In any merchant store integrated with Alchemy Pay's Crypto Payment solution, users will have a wide range of payment methods to choose from, including credit cards, and cryptocurrency.
Crypto Acceptance and Fast Settlement for Merchants
Alchemy Pay not only empowers individual customers to seamlessly use crypto for checkout, but also assists merchants in converting and settling crypto payments into their accepted fiat currencies. This solution offers mainstream-friendly access to crypto services and facilitates the use of digital currencies for real-world goods and services.
Fast Settlement: Alchemy Pay steps in to convert the payment into the merchant's local currency. This conversion is executed quickly and efficiently, ensuring that merchants do not experience any delays in accessing their funds. Once a customer completes a payment using cryptocurrency, Alchemy Pay then initiates the bank settlement process. This rapid settlement process helps merchants maintain smooth cash flow and reduces the complexities associated with handling multiple currencies.
All-in-one management: Alchemy Pay provides merchants with a comprehensive back-end platform that consolidates all transaction data in one place. This user-friendly dashboard allows merchants to easily monitor and manage all their transactions, view detailed reports, and track payment statuses.
Alchemy Pay Expertise in Crypto Payments
As a specialist in the crypto payments industry, Alchemy Pay gives crypto access to fiat payments for mainstream accessibility, serving numerous online and in-store merchants with its innovative crypto payment solutions.
Extensive Payment Network & Global Coverage: Alchemy Pay boasts an impressive network with over 300 fiat payment channels, supporting fiat-crypto purchases in 173 countries. This includes a variety of payment methods such as Visa, Mastercard, popular mobile wallets, and domestic bank transfers.
Wide Range of Supported Scenarios: Thanks to Alchemy Pay's advancements in payment capabilities, fiat-crypto transactions and settlements now mirror regular checkout processes. This seamless integration facilitates widespread crypto adoption and usage across various scenarios, including online and offline, covering all the daily needs.
Highly Regulated: As a trusted solution for crypto payments, Alchemy Pay holds six licenses across the globe, including in the UK, United States, Canada, Europe, and Indonesia, ensuring the highest standards of regulatory compliance and client security. In 2024, the company plans to obtain more than 20 additional licenses. Notably, Alchemy Pay's credentials are recognized by leading payment giants Visa and Mastercard, endorsing it as their trusted third-party payment provider.
Get Started with Alchemy Pay Crypto Payments Solution
Alchemy Pay got you covered with helpful materials, from beginner-friendly guides to in-depth technical explanations, to make sure the setup process is seamless.
Developers of Web3 platforms, dApps, and merchants with interest in integrating Alchemy Pay’s Crypto Payments solution can contact via the website https://alchemypay.org/contact.
About Alchemy Pay
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.
The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.
